Huizenga Family Foundation
Huizenga Family Foundation consistently spends more than it earns, maintaining a stable $2M asset base with no officer compensation.
EIN: 205350762 · Niles, MI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $568K |
| Total Expenses | $159K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.0M |
| Transparency Score | 85/100 |
Is Huizenga Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Huizenga Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Huizenga Family Foundation
Huizenga Family Foundation (EIN: 205350762) is a nonprofit organization based in Niles, MI, classified under NTEE code T22. The organization reported total revenue of $568K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Huizenga Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Huizenga Family Foundation is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $130K |
| Total Expenses | $159K |
| Surplus / Deficit | $-29,464 |
| Total Assets | $2.0M |
| Total Liabilities | $1 |
| Net Assets | $2.0M |
| Operating Margin | -22.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 149.3 months |
Financial Health Grade: B
In 2023, Huizenga Family Foundation reported a deficit of $29K with expenses exceeding revenue, holds 149.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Huizenga Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.5% | -5.1% | -1.5% |
| 2022 | -51.3% | +20.2% | -1.0% |
| 2021 | +279.6% | +9.6% | +8.6% |
| 2020 | -55.2% | -4.2% | -2.5% |
| 2019 | +111.9% | +2.9% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Huizenga Family Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Huizenga Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly efficient for an organization of its size with assets around $2 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Huizenga Family Foundation's IRS 990 filings:
- Consistent expenses exceeding revenue, potentially drawing down assets over time if not managed carefully.
Strengths
The following positive indicators were identified for Huizenga Family Foundation:
- Zero officer compensation, indicating very low executive overhead.
- Stable asset base of approximately $2 million over many years.
- Consistent IRS 990 filing history, demonstrating good transparency.
- Very low liabilities ($1 across all periods), indicating strong financial management.
Frequently Asked Questions about Huizenga Family Foundation
Is Huizenga Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Huizenga Family Foundation (EIN: 205350762) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Huizenga Family Foundation spend its money?
Huizenga Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Huizenga Family Foundation tax-deductible?
Huizenga Family Foundation is registered as a tax-exempt nonprofit (EIN: 205350762). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Huizenga Family Foundation CEO make?
Huizenga Family Foundation's highest-compensated officer earns $2 annually. The organization reported $568K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Huizenga Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Huizenga Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Huizenga Family Foundation located?
Huizenga Family Foundation is headquartered in Niles, Michigan and files with the IRS under EIN 205350762. It is classified under NTEE code T22.
How many years of IRS 990 filings does Huizenga Family Foundation have?
Huizenga Family Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $568K in total revenue.
What are the specific program areas the Huizenga Family Foundation supports?
The provided IRS 990 data does not detail specific program areas. Further investigation into their grantmaking or website would be needed to understand their philanthropic focus.
How does the foundation cover its expenses when revenue is consistently lower?
As a private foundation, it likely covers the difference between revenue and expenses by drawing from its investment income or the principal of its $2 million asset base, which is a common practice for foundations distributing grants.
What are the administrative costs beyond officer compensation?
While officer compensation is 0%, the IRS 990 data does not provide a detailed breakdown of other administrative costs such as legal, accounting, or office expenses. These would be included in the total expenses reported.
Filing History
IRS 990 filing history for Huizenga Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Huizenga Family Foundation's revenue has grown by 287.3%, moving from $33K to $130K. Total assets increased by 0.9% over the same period, from $2.0M to $2.0M. Total functional expenses rose by 50%, from $106K to $159K. In its most recent filing year (2023), Huizenga Family Foundation reported a deficit of $29K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $130K | $159K | $2.0M | $1 | — | View 990 |
| 2022 | $146K | $168K | $2.0M | $1 | — | View 990 |
| 2021 | $300K | $139K | $2.0M | $1 | — | View 990 |
| 2020 | $79K | $127K | $1.9M | $1 | — | — |
| 2019 | $177K | $133K | $1.9M | $1 | — | View 990 |
| 2015 | $83K | $129K | $2.0M | $1 | — | View 990 |
| 2014 | $184K | $119K | $2.0M | $1 | — | View 990 |
| 2013 | $97K | $113K | $1.9M | $1 | — | View 990 |
| 2012 | $100K | $111K | $1.9M | $1 | — | View 990 |
| 2011 | $33K | $106K | $2.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $130K, expenses of $159K, and assets of $2.0M (revenue -11.5% year-over-year).
- 2022: Revenue of $146K, expenses of $168K, and assets of $2.0M (revenue -51.3% year-over-year).
- 2021: Revenue of $300K, expenses of $139K, and assets of $2.0M (revenue +279.6% year-over-year).
- 2020: Revenue of $79K, expenses of $127K, and assets of $1.9M (revenue -55.2% year-over-year).
- 2019: Revenue of $177K, expenses of $133K, and assets of $1.9M (revenue +111.9% year-over-year).
- 2015: Revenue of $83K, expenses of $129K, and assets of $2.0M (revenue -54.7% year-over-year).
- 2014: Revenue of $184K, expenses of $119K, and assets of $2.0M (revenue +89.4% year-over-year).
- 2013: Revenue of $97K, expenses of $113K, and assets of $1.9M (revenue -2.3% year-over-year).
- 2012: Revenue of $100K, expenses of $111K, and assets of $1.9M (revenue +197.6% year-over-year).
- 2011: Revenue of $33K, expenses of $106K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Huizenga Family Foundation:
Data Sources and Methodology
This transparency report for Huizenga Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.